Maduro's July 30 vote to go ahead amid US blocked threat

Agencies
July 19, 2017

Washington, Jul 19: Venezuela's government has announced it will go ahead with a controversial election of a Constituent Assembly on July 30, despite a threat of economic sanctions by US President Donald Trump.

"Elections to the National Constituent Assembly is an act of political sovereignty. Nothing and nobody can stop it. The Constituent Assembly is happening" Foreign Minister Samuel Moncada said in a speech at the foreign ministry office.

Moncada vowed to carry out a "deep" review of Venezuela's relations with the US.

"The Venezuelan people are free and will respond united to the insolent threat made by a xenophobic and racist empire."

The new assembly Maduro wants to elect on July 30 would have the power to rewrite the constitution and detour the opposition-controlled legislature.

Following an unofficial vote on Sunday, in which millions of Venezuelans cast ballots to reject Maduro's proposal, Trump called Maduro "a bad leader who dreams of becoming a dictator".

Trump's administration is also planning targeted sanctions, likely against Defence Minister Vladimir Padrino Lopez and the Socialist Party's second highest figure Diosdado Cabello, for alleged human rights violations, US officials said, speaking on condition of anonymity.

Those sanctions could be rolled out as early as Tuesday, one of the officials told Reuters, but may be delayed as Trump's administration reviews all its options.

The sanctions would freeze the officials' US assets and prohibit anyone in the US from doing business with them.

It would be the first phase of new actions the Trump administration is considering, including possible targeted sanctions against Venezuela's vital oil sector.

Venezuela is the third largest foreign oil supplier to the US, after Canada and Saudi Arabia, exporting about 780,000 barrels per day of crude.

Trump unpopular in Venezuela

While that could bankrupt the Maduro administration and worsen already grave food shortages, hitting Venezuela's energy sector could also raise US domestic gasoline prices, which would be unpopular with Americans.

Any sanctions by Trump, who is largely unpopular abroad, could also be used by Maduro to bolster his accusations that Washington is trying to sabotage leftism in Latin America, and could unite the ruling Socialist Party just as fissures were emerging.

On Monday, the opposition coalition called for a 24-hour nationwide strike and massive protests in the days to come to force Maduro to step down before the end of his term in 2019.

Maduro has repeatedly said the new assembly to rewrite the constitution is the only way to recover it economically and achieve peace.

Brazil, European Union, UN, and the Organization of American States have also demanded Venezuela drop plans for the assembly.

On Tuesday, a group of 100 Colombian and Chilean senators filed a lawsuit against Maduro at the International Criminal Court at The Hague, accusing him of murder, persecution, torture and forced disappearance.

Venezuela has grappled with deadly political and economic crises as low crude oil prices have forced the government to cut back or eliminate its socialist programmes.

The crisis has fuelled public anger and triggered massive protests that have left at least 96 people dead since April.

The opposition has run a vigorous campaign to try to push Maduro out of office through early elections.

Venezuela's opposition also blames mismanagement by Maduro, who has stepped up the nationalisation of businesses, employed the military to control food distribution, and imposed currency controls.

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News Network
February 19,2020

Washington, Feb 19: Sri Srinivasan, a prominent Indian-American judge, has created history by becoming the first person of South Asian descent to lead a powerful federal circuit court considered next only to the US Supreme Court.

Srinivasan, 52, became the Chief Judge of the United States Court of Appeals for the DC Circuit.

An Obama appointee who has already been considered for a Supreme Court seat twice, donned the mantle of the chief judge of the DC federal court circuit on February 12.

Srinivasan succeeded Judge Merrick Garland, who has been a member of the DC Circuit since 1997 and Chief Judge since 2013. He will remain on the bench, a press release said.

Notably, Garland's nomination to the Supreme Court by the then president Barack Obama was blocked by Senate Republicans in 2016.

Srinivasan, was appointed to the US Court of Appeals for the District of Columbia Circuit in May 2013.

He was the first ever Indian-American to be appointed to the second most powerful court of the US.

Neomi Rao, nominated by President Donald Trump, is the second Indian American on this powerful judiciary bench.

History being made on the DC Court of Appeals. Congratulations, Judge Srinivasan! Senator Mark Warner said.

Congratulations to Judge Sri Srinivasan on becoming the Chief Judge of the U.S. Court of Appeals for the D.C. Circuit! A milestone for the Indian-American/Kansan community (and yet another piece of evidence my family can use that I'm underachieving), US Federal Communications Commission Chair Ajit Pai said.

According to The Washington Post, Srinivasan spoke recently about his path to the bench at an event celebrating women in the law, a field where men still dominate leadership positions.

"Everybody doubts their belonging and worthiness in some measure. I definitely did and still do. This is just going to be a part of the thing when you're looking out in the world in which everyone isn't like you. It's natural to doubt whether you belong and whether you're worthy, he said, "but you do belong and you are worthy.

Born in Chandigarh, and raised in Lawrence, Kansas, he received a B.A. from Stanford University, a J.D. from Stanford Law School, and an M.B.A. from the Stanford Graduate School of Business.

Following graduation, he served as a law clerk to Judge J. Harvie Wilkinson III of the US Court of Appeals for the Fourth Circuit, as a Bristow Fellow in the Office of the US Solicitor General, and as a law clerk to US Supreme Court Justice Sandra Day O'Connor.

From 2011 until his appointment to the US Court of Appeals, Judge Srinivasan served as the Principal Deputy Solicitor General of the United States.

He has argued 25 cases before the US Supreme Court. He has also taught appellate advocacy at Harvard Law School as well as a seminar on civil rights statutes and the Supreme Court at Georgetown University Law Center.

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News Network
February 24,2020

Kuala Lumpur, Feb 24: Malaysian Prime Minister Mahathir Mohamad has submitted his resignation to the king, two sources with direct knowledge of the matter told Reuters on Monday, amid talks of forming a new coalition to govern the country.

Mahathir, 94, assumed office in May 2018 for his second stint as prime minister.

A spokesman from the prime minister's office declined to comment, saying only that a statement will be issued soon.

The sources declined to be named as they were not authorised to talk to the media.

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News Network
April 13,2020

Vienna, Apr 13: Top oil-producing countries agreed on "historic" output cuts to prop up prices hammered by the coronavirus crisis and a Russia-Saudi price war, sending crude prices soaring on Monday.

The US benchmark WTI climbed 7.7 percent to $24.52 a barrel in early Asian trade while Brent was up 5.0 percent at $33.08.

OPEC producers dominated by Saudi Arabia and allies led by Russia thrashed out a compromise deal via videoconference Sunday after Mexico had balked at an earlier agreement struck on Friday.

In the compromise reached Sunday they agreed to a cut of 9.7 million barrels per day from May, according to Mexican Energy Minister Rocio Nahle, down slightly from 10 million barrels a day envisioned earlier.

OPEC Secretary General Mohammad Barkindo called the cuts "historic".

"They are largest in volume and the longest in duration, as they are planned to last for two years," he said.

The agreement between the Vienna-based Organization of the Petroleum Exporting Countries and partners foresees deep output cuts in May and June followed by a gradual reduction in cuts until April 2022.

Barkindo added that the deal "paved the way for a global alliance with the participation of the G20".

Saudi Energy Minister Prince Abdulaziz bin Salman, who chaired the meeting together with his Russian and Algerian counterparts, also confirmed that the discussions "ended with consensus".

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